Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
India rolls back decision to cut interest rates on small savings
NEW DELHI (Reuters) - India has rolled back its decision to lower interest rates on the small savings scheme, Finance Minister Nirmala Sitharaman said on Thursday, adding that orders to cut rates to a...
Mar 31, 2021
Asia’s factory recovery picks up but cost pressures emerge
By Leika Kihara TOKYO (Reuters) - Asia's factories stepped up production in March as a solid recovery in global demand helped manufacturers move past the setbacks of the pandemic, although rising cost...
Mar 31, 2021
Mexico’s financial stability body says system coping well under pandemic pressure
MEXICO CITY (Reuters) - Mexico's financial system continues to face the coronavirus pandemic from a "solid" position, the country's financial stability council said on Wednesday. The council said the ...
Mar 31, 2021
TSMC expects to invest $100 billion over next 3 years to meet chip demand
TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said on Thursday it plans to invest $100 billion over the next three years to keep up with demand. "TSMC is working closely with our...
Mar 31, 2021
SoftBank-backed Compass raises $450 million in downsized IPO
By Echo Wang and Niket Nishant (Reuters) -Compass Inc, the U.S. real estate technology firm backed by SoftBank Group, said on Wednesday it sold shares in its initial public offering at $18 each, at th...
Mar 31, 2021
Oil gains ahead of OPEC+ meeting on output policy
TOKYO (Reuters) - Crude prices rose on Thursday, recouping some of the previous session's losses on expectations that a meeting of OPEC and its allies later on Thursday would yield output constraint i...
Mar 31, 2021
Norwegian, Swedish currencies to rise as pandemic fades: Reuters poll
OSLO (Reuters) - The Swedish and Norwegian currencies will gain on the euro and dollar towards the end of this year and into 2022 as the global economy rebounds from the coronavirus pandemic, a Reuter...
Mar 31, 2021
Dozens of Hong Kong listed companies suspend trading
HONG KONG (Reuters) - More than 70 Hong Kong-listed companies' shares were suspended from trading on Thursday morning, according to stock exchange filings. Several of the filings said the companies ha...
Mar 31, 2021
China’s March factory activity growth lowest in almost a year: Caixin PMI
BEIJING(Reuters) - China's factory activity in March expanded at the slowest pace in almost a year on softer overall domestic demand, but underlying economic conditions remained positive even as input...
Mar 31, 2021
Chile’s Codelco agrees contract deal with workers at Radomiro Tomic mine, strike fears defused
By Fabian Cambero SANTIAGO (Reuters) - Workers at Chilean state copper giant Codelco's Radomiro Tomic mine accepted a new contract offer from the firm on Wednesday, defusing worries about a potential ...
Mar 31, 2021
